MRC Allied takes over gold mine in Surigao

MANILA, Philippines—MRC Allied Industries Inc., a holding firm owned by a group led by businessman Benjamin Bitanga and Lucio Tan Jr., has expanded its mining interest with a new deal that will allow the company to take over a 3,718.41-hectare gold and copper mining project in Surigao del Sur.
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Chinese geologists start first RP geochem mapping

Surveyors from China are now in the Philippines to do the first in a series of geochemical mapping of copper and nickel deposits in the country.
“We’ve entered into an agreement with our Chinese counterpart for the conduct of a more scientific exploration. Whatever we will yield maybe used as initial data for the exploration of […]

Australian miner expanding Philippine project

From: business.inquirer.net
MANILA, Philippines–Australian company Medusa Mining said it was on track in a first-phase expansion that would triple by late 2009 its annual output to 60,000 ounces of gold from its Co-O mine in the southern province of Surigao del Sur.
In a report to investors, Medusa said it was producing at 20,000 ounces on annualized […]